EPISODE · Sep 2, 2023 · 10 MIN
💵 The dollar has been on a winning streak for about 6 weeks!
from KP Talks Dollars and Sense
💱 This dollar surge is causing a challenge for global markets because it's the king of currencies as the world reserve currency. Let's take China as an example – they're facing a tough time due to a recession, needing to sell dollars to support their government. 💸 But here's the twist: if they deal in dollars, they might have to trade weaker assets to get those greenbacks. That's why the BRICS Plus alliance came together. 🔌 Get ready for the electric revolution! 🌍 This year alone, electric vehicle (EV) growth is projected at a stunning 35%! 🚗📈 Since 2018, we've witnessed an incredible jump from 2 million to 10 million EVs by the end of 2022. That's a whopping 14% of all cars now being EVs! ⚡ Just like the rise of hybrids, EVs are here to stay. Remember how everyone eventually embraced color TV and air conditioning? 📺❄️ Well, EVs are the next big thing, and it's a game-changer. Stay up-to-date on all the latest news, updates, and exclusive content by following us on all of our social media accounts! https://linktr.ee/kptalksdollarsandsense#KPTalks #KPTalksDollarsandSense #DollarSurge #GlobalMarkets #BRICSPlusAlliance #EVRevolution
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💱 This dollar surge is causing a challenge for global markets because it's the king of currencies as the world reserve currency. Let's take China as an example – they're facing a tough time due to a recession, needing to sell dollars to support their government. 💸 But here's the twist: if they deal in dollars, they might have to trade weaker assets to get those greenbacks. That's why the BRICS Plus alliance came together. 🔌 Get ready for the electric revolution! 🌍 This year alone, elect...
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💵 The dollar has been on a winning streak for about 6 weeks!
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